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21 February 2024, 09:52 AM | #31 |
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21 February 2024, 09:58 AM | #32 |
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21 February 2024, 09:59 AM | #33 |
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If you're already considering an exit strategy before even buying the watch, don't. You don't want it bad enough and will likely sell it anyway. Just get what you really want.
I only buy watches I love and don't intend to sell. That being said, I've sold more than I currently own. |
21 February 2024, 10:17 AM | #34 | |
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21 February 2024, 10:19 AM | #35 |
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Hey Art, I work in imports/exports myself.
I try to buy at least one a year, something new or interesting, not knowing if it will work out.
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21 February 2024, 10:39 AM | #36 |
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I only purchase what I’m keeping.
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21 February 2024, 10:40 AM | #37 |
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I never ever buy a watch intending to just flip it. Every watch I've bought I intended to keep, but I either end up selling it to trade up for something better or life gets in the way.
I've bought around 10 or so Rolexes since 2006 and of those I only still have three--my original green sub from 2006 and my two latest purchases. |
21 February 2024, 10:42 AM | #38 | |
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21 February 2024, 11:14 AM | #39 | |
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21 February 2024, 11:21 AM | #40 | |
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Well said, Kevin. I am in the process of divesting myself of about 80% of my very large collection, because of the same reason. I now own multiple Rolexes, my BB58, some other nice, but lesser Swiss brands, and a lot of nice Seikos. I can’t possibly wear them all, nor do I want to, anymore. So, I opened a watch store, on eBay. Time to empty that stack of watch boxes. Kat Sent from my iPad using Tapatalk |
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21 February 2024, 11:27 AM | #41 | |
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Yes, but I’d argue that even people with extreme wealth don’t buy things they’re not entirely sure about. Nobody does. Sent from my iPhone using Tapatalk |
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21 February 2024, 11:28 AM | #42 |
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I can understand that mindset. Me, I’m the type that is very cautious about everything I buy. For example, my datejust was one of my dream watches. When I bought it, I was anxious and felt a little sick about it. Now, two years later, I still can’t stop looking at it on my wrist.
I’m just one of those people who aren’t super decisive and are super cautious about big purchases. So odds are, there won’t be a watch that I’m ever CERTAIN about buying. Well, maybe one day when I retire and buy my 36mm day date! |
21 February 2024, 11:30 AM | #43 |
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Jeez these comments, it’s buying a watch, not getting married!
If you like it I’d just go for it, as you say the nice thing is you can sell it on when you are bored of it and something better comes along, hopefully without losing too much. More experiences the better int my opinion, all a bit of fun. That advice applies to the watch too (jk). |
21 February 2024, 11:30 AM | #44 |
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I only buy what I intend to keep.
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21 February 2024, 12:07 PM | #45 |
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People buy Ferrari's keep them for 2 years and lose 150k. They just want to enjoy them and can afford the loss. Thats the far extreme end. If you cant afford to lose you shouldnt be buying it. Plain and simple. Buy what you can afford to lose and enjoy it without any regrets. Id recommend talking to a watch dealer. Ask them if you were to resell the watch back to them, what would be the haircut. Ask yourself if you will enjoy the watch and be able to financially accept the loss.
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21 February 2024, 12:21 PM | #46 |
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I have bought a ton of watches. I know people here say they buy watches only to keep. But even though I have experience, the only way I know whether I’m going to love a watch is to own it. And I haven’t met an AD that lets me have an extended (month or more long) trial of a watch.
So I buy some watches that I know I may sell. But I don’t know when I buy. But I always know the possibility is there. For instance I was lukewarm on the LV sub. But I took a chance because it wouldn’t be difficult to unload. I love that watch now. I was positive I’d love the Tudor BB Ceramic. I waited a year researching it before I bought it. I recently sold it. You never know… |
21 February 2024, 12:24 PM | #47 | |
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21 February 2024, 12:25 PM | #48 |
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I used to buy a lot of watches this way early on in my collecting. Part of it was just figuring out what I like. I’ve since narrowed my collection down to 3 watches I love and wear regularly. I won’t buy another watch without a lot of careful consideration with the plan of owning long term. And I don’t want more than 3-4 watches total. It’s a pain to buy and sell watches and I almost always lost money when I sold them.
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21 February 2024, 12:32 PM | #49 |
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It happens. Never intentional but Sometimes it just doesn’t click.
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21 February 2024, 12:35 PM | #50 |
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21 February 2024, 12:42 PM | #51 | |
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21 February 2024, 12:49 PM | #52 |
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Not all watches are marriage material, and you often don’t know till you fool around with one for a while. I have bought some that I expected to keep forever, then didn’t. And I have bought some that I expected to enjoy for a while, but then decided it’s a forever watch.
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21 February 2024, 01:16 PM | #53 |
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Art, I understand where you’re coming from and what you’re asking. The challenge for me had/has been that I’m very good at justifying pieces to myself with the intent that they have a clear place in my collection AND will be worn. The fact of life, however, is that how we view ourselves and how we live changes to varying extents as we get older or as circumstances and lifestyles change. That’s why it’s hard for me to make that lifetime commitment to every single watch at first sight. Ultimately, I do my best to be objective and thoughtful, then enjoy the piece as intended. As I’ve gotten older, I’ve gotten better at this process. It’s not easy, but the fact you asked this question says something about you being a thoughtful and discerning person.
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21 February 2024, 09:29 PM | #54 |
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Never. I only buy to wear and keep.
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21 February 2024, 10:25 PM | #55 |
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I buy/sell/trade/flip watches all the time. I don't have to love a watch or even want to keep it long term to buy it. Funny thing is that some of my most long term watches were bought because I liked them and was planning on wearing them for a while and moving on. This hobby lends itself to overthinking, as I was one that always use to do that, until I stopped taking myself and my watches so seriously. Not that I want to throw money away but make a little/lose a little/break even is fine with me. I have owned some amazing and not so amazing watches and have a lot of fun playing with them. OP, buy the watch. See if it works and then move on one way or another. Nothing wrong with buying and then selling, if you choose. It is your watch and your money. Go for it.
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21 February 2024, 10:37 PM | #56 |
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21 February 2024, 10:38 PM | #57 |
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Never. I have sold a few and bought a few, just not with the intention of doing it soon. My thought pattern when I buy a watch is that I enjoy it because I really like it, otherwise I do not buy it. They few I have sold over the years, has been years after wearing and experiencing. I do not care for flippers. Just my .02 worth.
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21 February 2024, 10:39 PM | #58 |
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The current state of the watch market makes some people here think of selling a watch as almost a moral failing.
Selling watches is good for the watch community. It frees up funds to try out new watches and it allows others access to more pieces. It would really be boring if all watches were bought to be kept forever. So, even if you think it might not be a long term keeper, OP, it doesn’t hurt to try it out. |
22 February 2024, 12:18 AM | #59 |
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22 February 2024, 12:22 AM | #60 |
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Rarely.
dP
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